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MEDI-TEL: what changed

Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

MEDI-TEL

BE 0869.532.744
NACE 66.191, Agents and brokers in banking services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€34,895
2024 · €20,753+€14,142
Equity
€141,294
2024 · €106,399+€34,895
Cash
€2,031
2024 · €7,361-€5,330
Balance sheet total
€196,679
2024 · €160,472+€36,207

Largest movements

2024 to 2025
Assets
  • Receivables within one year +€42,005

    up €42,005 (+30.1%), from €139,657 to €181,662

    of which Other amounts receivable: +€44,576

  • Cash -€5,330

    down €5,330 (-72.4%), from €7,361 to €2,031

    mainly Receivables within one year (-€42,005) and Accrued charges and deferred income (-€129)

Equity and liabilities
  • Profit (loss) carried forward +€34,895

    up €34,895 (+40.8%), from €85,499 to €120,394

Income statement
  • Staff costs -€34,420

    down €34,420 (-43.0%), from €80,064 to €45,644

  • Gross operating margin -€14,159

    down €14,159 (-13.9%), from €101,773 to €87,614

  • Taxes +€6,489

    up €6,489 (+91.7%), from €7,074 to €13,563

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €20,753
Gross operating margin -€14,159
Staff costs +€34,420
Other operating charges -€119
Financial income +€996
Financial charges -€507
Taxes -€6,489
Result 2025 €34,895
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€5,330
Investment €0
Financing €0
Cash 2024 €7,361
Net result for the year +€34,895
Depreciation +€471
Receivables within one year -€42,005
Smaller working-capital items -€36
Trade debts +€1,474
Accrued charges and deferred income -€129
Cash 2025 €2,031
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €160,472 €196,679 +€36,207 +22.6%
Fixed assets 21/28 €13,337 €12,866 -€471 -3.5%
Tangible fixed assets 22/27 €1,407 €936 -€471 -33.5%
Furniture and vehicles 24 €1,407 €936 -€471 -33.5%
Financial fixed assets 28 €11,930 €11,930 = 0.0%
Current assets 29/58 €147,135 €183,813 +€36,678 +24.9%
Amounts receivable within one year 40/41 €139,657 €181,662 +€42,005 +30.1%
Trade receivables 40 €17,284 €14,714 -€2,571 -14.9%
Other amounts receivable 41 €122,373 €166,948 +€44,576 +36.4%
Cash at bank and in hand 54/58 €7,361 €2,031 -€5,330 -72.4%
Deferred charges and accrued income 490/1 €117 €121 +€4 +3.0%
Total equity and liabilities 10/49 €160,472 €196,679 +€36,207 +22.6%
Equity 10/15 €106,399 €141,294 +€34,895 +32.8%
Contributions 10/11 €19,000 €19,000 = 0.0%
Reserves 13 €1,900 €1,900 = 0.0%
Non-distributable reserves 130/1 €1,900 €1,900 = 0.0%
Reserves not available under the articles 1311 €1,900 €1,900 = 0.0%
Profit (loss) carried forward 14 €85,499 €120,394 +€34,895 +40.8%
Amounts payable 17/49 €54,073 €55,385 +€1,312 +2.4%
Amounts payable within one year 42/48 €53,943 €55,385 +€1,441 +2.7%
Trade debts 44 €3,570 €5,044 +€1,474 +41.3%
Suppliers 440/4 €3,570 €5,044 +€1,474 +41.3%
Taxes, remuneration and social security 45 €50,373 €50,341 -€33 -0.1%
Taxes 450/3 €16,494 €21,387 +€4,893 +29.7%
Remuneration and social security 454/9 €33,880 €28,954 -€4,926 -14.5%
Accrued charges and deferred income 492/3 €129 - -€129
Remuneration, social security and pensions 62 €80,064 €45,644 -€34,420 -43.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €471 €471 = 0.0%
Other operating charges 640/8 - €119 +€119
Gross operating margin 9900 €101,773 €87,614 -€14,159 -13.9%
Operating profit (loss) 9901 €21,238 €41,379 +€20,142 +94.8%
Financial income 75/76B €6,786 €7,782 +€996 +14.7%
Recurring financial income 75 €6,786 €7,782 +€996 +14.7%
Financial charges 65/66B €197 €703 +€507 +257%
Recurring financial charges 65 €197 €703 +€507 +257%
Profit (loss) for the period before taxes 9903 €27,827 €48,458 +€20,631 +74.1%
Income taxes 67/77 €7,074 €13,563 +€6,489 +91.7%
Profit (loss) for the period 9904 €20,753 €34,895 +€14,142 +68.1%
Profit (loss) for the period to be appropriated 9905 €20,753 €34,895 +€14,142 +68.1%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.